Aggressively Priced, Cash-out Bridge Loan
$15,000,000 Cash-out Bridge
Location: Bedford
Loan Amount: $15,000,000
Term: 3 Years
Amortization: Interest Only
Execution: Cash-out Bridge
District Capital is pleased to announce the recent closing. The loan provided a large cash-out with a lender providing both the upfront bridge loan and the exit HUD execution. The lender offered limited recourse options.